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20130124
20130201
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English 33
Search Results 0 to 32 of about 33 (some duplicates have been removed)
, requiring congress to not spend more than it makes, than it takes in in taxes. if you call taxation making money, but it can't spend more than it takes in. any traction on that? >> yeah. this is an idea, an old idea, whose time has timely come, and, you know, as polls show about 75% of all americans support this idea, most of the state legislatures operate the same way, and we need to do this because we need permanent structural spending reform so that we don't find ourselves back in the same position every six to 18 months in raising the debt limit. >> limit spending to 18% of the gross national product, 18%. right now, it's a rate of 23%. we're looking at some of the other things that you would do. you want a historical average of total federal receipts so congress is only run a deficit, increase taxes, or increase debt if agreed upon by a two-thirds vote. i like how it sounds, but it doesn't sound like you can get other politicians to agree to it? >> rome was not build in a day. it's in the a sell yet, but we have support in the senate for the idea of a balanced budget amendment. the la
tax illinois, he owes even more to the state. maybe he should do a mickelson and move. yes, the tax refugee story will not go away. news this morning, that france's richest man is leaving and taking his wealth with him. arno is doing a depardu. t the wall street journal calculates tiger woods saved 100 million dollars over the years he moved to no tax florida. back to that one-shot $75,000 winner he lives in illinois which has just been downgraded. even though the state income tax has gone through the roof and chicago is concerning lifting, shifting its retiree health costs on to you, the federal taxpayer. can you say obama bailout? yes, we can. "varney & company" is about to begin. houting ] ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all onhinkorswim from td ameritrade. ♪ >> we have for a long time on the program and now the all-time high for the dow is in sight. clear sight. the record is 14,163.
at the helm. there is nobody like him. in fact a lot of people were concerned, joe, with this new tax, they have to add on the 7% tax, it adds up to 9% in some cases in california. these huge new sales taxes that the internet used to be able to avoid, they can't avoid it all over the place now. certain states it does kick in, that didn't seem to hurt sales too much. kind of surprising. >> i live in illinois. i live in chicago that's one of them. >> we have taxes in this town. this is nothing. the expectations are built in. not like we didn't know about this. that is like the general market. we see the things out in the forefront. investors and traders are not reacting like they normally would when they see the top line and follow-up data. they're looking at the stock. looking at what could potentially happen. i think this is priced in. david: joe, thanks. we'll see you in a couple of minutes when the s&p futures close. thanks. liz: well at this year's consumer electronics show you know we tried our absolute darnedest to break corning's new gorilla glass. they keep reinventing it. i wa
the increasing tax rates on very high income earners in the united states. ♪ a dancer for money >> reporter: but if the 73-year-old singer is making the move to cut her tax bill, she'll probably never admit it. the u.s. government warns americans, renunciation of u.s. citizenship may have no uh affect whatsoever on his or her u.s. tax obligations. she wouldn't be the first celebrity to change nationalities. actor jgerard depardieu got his passport after loudly renouncing france and its tax hikes on its wealthiest citizens. even elizabeth taylor made a bid to keep her european income away from the irs in 1965. >> i am the earth mother. and you are all flops. >> reporter: apparently couldn't go through with the renunciation oath. as for turner, whether she's making the move for love or money -- ♪ you don't have to worry >> reporter: it seems she'll have more of both in switzerland. and we reached out to turner's reps. but so far, no comment. turner speaks fluent german, has passed a local civic test and just needs a stamp of approval before becoming a swiss citizen. >> moving to a neutral c
, competition from bonds, not so great. i still can't get over that they preserve thafd dividend low tax rate these are bond equivalents, a lot of stocks, especially when they boost the dividends. keep the balls in the air. that's what can happen. >> yeah. a lot of discussion yesterday as to why the fomc continues nobody that kind of mode as opposed to something else, which people speculated a lot b meantime, speaking of broad economy and markets, a pair of multinationals falling in the premarket, ups posting a earns of $1.32 that missed. revenues slightly exceeded. also issues guidance below estimates and dow chemical says the company saw significant deterioration in market it is serves, especially china. earlier on "squawk," dow chemical outlined the challenges for the company. >> could dampen the economy again through our politics but i would tell you i key is good things out of china with their leadership stabilizing and emerging asia as a whole. 35% of dow's revenues are now in emerging geographies and where we are putting a lot of our investment and our money. >> how concerning, jim, tw
you have to say? stuart: we also agree on taxes. >> we should have a free enterprise, free market system. stuart: why are you such a supporter of the most leftist president in american history? >> it is not just a chief financial officer, it is a leader of our nation. he has no peers when it comes to any other candidate on the republican side or any other republican sitting in the senate. we are out of time. connell: good morning, everyone. i am connell mcshane. dagen: i am dagen mcdowell. things are looking up on the jobs front. connell: monica crowley. dagen: dreamliner, the troubles have not gone away for boeing. michael dell has ordered one of them. connell: then there is jamie dimon and john chambers. you will be hearing from both of them in this hour. liz claman at the world economic forum. cheryl: stocks now and every 15 minutes. apple. nicole: i will show you apple in a moment. the dow, the s&p are doing quite well. five-year highs. highs that we have not seen since 2007. the tech heavy nasdaq, apple weighing on the nasdaq. are we almost at 14,000? we cannot believe it. wh
. it cannot pay. it has dramatically raised taxes and it still cannot pay. the big failure is with pension reform. the unions have blocked it insisting that all the promises made in the past must be paid in full. now, they try to borrow and they can't. at least not at an affordable interest rate. so they are stuck. they are in crisis. we've said many times on this program that what illinois really wants, what it says -- really looking for it is an obama bailout. they want a pay off for voting heavily for the president's reelection. will they get it? more importantly are you in texas, new jersey and all over the country, are you prepared to give them your money? stuart: let's get right at it. illinois at a stand still. they can't borrow money. it is a crisis. wgn radio host is our person in illinois and she joins us now. yesterday they were trying to issue a bond, trying to raise 500 million dollars. they had to cancel it because the interest they would have to pay would just -- they couldn't afford it. are they now at a stand still unable to pay bills and they can't borrow? >> well, stuart
amount in eight years, held by dividend payouts as everybody tries to avoid higher tax rates on those. the latest reading on manufacturing came in the best level in nine months. that is positive. following the gdp report. that is not good. what does it say about the recovery? it is confusing. joining me now. we go through the list, it is basically all bad except the chicago pmi number. what is your take? >> my view is the latest data suggests this remains the olympus economic recovery since the second world war and we ought to be happy the u.s. economy grows by 2% once again in 2013. this is an economy growth wise that is simply moving sideways. melissa: sideways even is optimistic. it could go backwards. the fed charted the recovery in terms of gdp growth saying this is the worst recovery we have ever had, basically. >> that is exactly right. we cannot forget the latest rally by equities owes much more to the expectation of the continuation of very low bond yields than it does to expectations of stronger earnings growth. in fact, if we strip away the financials from the s&p 500 compa
is almost tax, and if you're planning to claim certain education credits you need to do your homework. >> if you file form 88-63 the irs says did not file your return until mid february. the irs says it needs to update processing systems before the form could be accepted. >> this impact you if your htaking advantage of the american opportunity tax credit or the lifetime learning credit. other education benefits like tuition fees is too long interest deductions and still be claimed starting on wednesday. >> hostess has picked the maker of little debbie as the lead bidder to buy its drakes cakes. >> according to a filing in u.s. bankruptcy court, fmkcfee foods has offered $27.5 million in cash for the cake france, which include devil dogs, funny bones and yodels . >> the fate oftwinkies and other hostess cakes is still being negotiated with other bidders. hostess brands announced in november that will be shutting down its businesses and selling is bread and snack cakes. >> at british law firm says that about a dcustomers are suit search leader google in the u.k. over its alleged secret
there are rules to ensure competition and fair play. the broad shoulders of a rising middle class. revamp our tax code. reduce the cost of health care. medicare and medicaid and social security. they do not make us a nation of takers. the threat of climate change. sustainable energy sources. our forests and waterways, our crop lands and snow-capped peaks. seneca falls and selma and stonewall. earn a living equal to their efforts. our gay brothers and sisters welcome the striving, hopeful immigrants. the quiet lanes of newtown. >> joining me now, msnbc contributor jimmy williams and former rnc chairman and msnbc analyst michael still. gentlemen good to see you both. jimmy let me start witd you immediately. a lot of people criticized the president's speech. to be expected to some degree. did that sound like hey i won you lost. this is how it's going to be? >> i hate to break the news to people but that is exactly what happened. i went back this morning and looked at reagan's second inaugural and george bush jr.'s second inaugural. reagan talked about economics and the role of government. bush, terr
are? this does include taxes, and it is a hotel. but it doesn't include your mortgage. you're paying $95 million. and then what do you pay -- >> during the commercial break i guessed 17 grand a month. >> i would like to raise that -- >> 17 grand a month? >> to 55 grand a month. >> very close. 60,000 a month in monthly maintenance fees. now that does include twice -- it includes maid service and a spa and some other things. so you're paying $95 million and then you're paying $60,000 a month in maintenance. but we bring you through all kind of apartments tonight. $160 million worth of real estate in new york. >> are these places back? i mean for awhile things crashed and nobody could afford these places. are they really back? because we still talk about how on wall street those pay packages are coming back. >> that's what everyone was saying a year ago, two years ago. two things happened. one is foreign money. i mean one of the great things about this show tonight is we bring you through with a russian buyer as he's in central park west. the russians, the chinese, the latins, especiall
the nearly $200,000 facebook will pay in property taxes. >>> california's senator dianne feinstein wants to reinstate a ban on certain firearmses across the country. she will introduce a bill to ban assault weapons and high capacity ammunition clips. it's co-sponsored by connecticut's democrat in the wake of the sandy hook elementary shooting. it's opposed by the nra. vice president joe biden will continue to discuss gun violence today at 10:45 our time. >>> tough questions for secretary of state hillary clinton on the attack on the u.s. consulate in benghazi. >> this went on for hours yesterday. clinton got angry when a republican senator asked her about allegedly misleading the public. >> with all due respect, the fact is, we had four dead americans. was it because of a protest or was it because of guys out for a walk one night who decided they would go kill some americans? what difference at this point does it make! it is our job to figure out what happened and do everything we can to prevent it from ever happening again, senator. [ banging desk
, and when i do my taxes, i want to work with the professional tax software. >>> it is 7:26. good morning. i'm jon kelley. san jose police looking for a group of suspects involved in a deadly stabbing attack. a man was found stabbed multiple times near southside drive and hope street in south san jose last night. four to five men approached the victim and attacked him just before 8:30 last night. police still trying to figure out the motive. >> typically in a gang related incident we'll hear gang epithets being uttered. none of the witnesses report that. we don't know yet. it's too early to tell. >> those suspects were last seen leaving that scene in a gray colored van. this marks the second homicide in just two days and the third killing of the year in san jose. right now weatherwise christina loren tells us outside something for everybody. >> something for everybody. good morning to you. live picture. this is over the san francisco bay where we are getting sunshine. let's show you san jose. quite the contrary. mostly cloudy conditions and thick low clouds. travel cautiously. even with the
taxes and liens and openly live in the house. if the owner does not object and the bank does not take action, the house is legally his in seven years. >>> an uninvited visitor caused a buzz at the white house. a pesky fly decides to ovr around president obama's face as he was announcing the nomination for the s.e.c. it landed in his forehead. but this fly got a presidential pardon, unlike the one he famously splattered during an interview four years ago. >>> and from l.a., a rescue worthy of hollywood. it featured a small dog and a somewhat elaborate zip line system. the pooch had gotten on to a small island in l.a.'s mcarthur park. it was slivhivering in the rain. but the rescue squad set up the zip line. no one knows who owns the dog. it doesn't have a microchip. >>> and turning to england, a woman fell straight into a canal, that's right, while texting as she walked. she wasn't paying attention and said the gray ice looked like pavement. a passerby helped her out. and other than being embarrassed and a bit cold, she was fine. >> we've all done it. >>> you know by now that next sund
. >> it matters when it comes to tax revenue and jobs locally as well. >>> super bowl, game day. the food issue all the decoration. >> and the time to check out the huge tvs. the real fun. next, why one type of television is better than the rest when it comes to watching the super bowl. ,,,,,,,, for the new mattress models but sleep train's huge year end clearance ,,,,,,,, is ending soon. for a short time, save hundreds on tempur-pedic mattresses. get the most highly-recommended bed in america at closeout prices. plus, get interest-free financing and free same-day delivery. why wait for the new models? sleep train's year end clearance is ending soon. superior service, best selection, lowest price, guaranteed. ♪ sleep train ♪ your ticket to a better night's sleep ♪ ron: years ago i made a promise to provide the best for my in sickness and in health. carol and i needed help figuring out what's covered by medicare and what's not. so we turned to the same folks we've relied on for health insurance all these years. announcer: ron and carol called anthem blue cross and found an affordable medic
differently. he supported tax increases. what does that say to you? >> two things. he joins a growing list of senators whoa are frustrated with the senate. that's a problem for all americans. not one party or another, but it has to be functional again. two, split cally speaking, it's not a safe republican state. this is what people have to keep their eye on. republicans lean as the favorites in the beginning. nothing is a sure thing even in the state of georgia. >> what do you think? you study georgia closely. >> absolutely. one of the first states i campaign in. he said it has been a really outstanding conservative member before i got to know him. as well as the united states senate. he is on the farm bills and authored most of the authorization bills. clearly his decision is personal i'm sure. he is frustrated with washington, d.c. and members of both parties are frustrated with the gridlock. the republicans will nominate somebody in main street, but while georgia is the so-called red state, president obama was able to get more than 45% of the vote there. i assume that we are going have
undergoing background checks, paying taxes in a penalty and learning english and certainly anything republicans would sign on to, coral, th carol, they'd have a tougher pathway. >> senators have a plan, the president has a plan and the house members say they have a plan. whenever the house gets involved usually there's trouble so what do you think? >> reporter: certainly they will be farther to the right, that would be the expectation, so trying to get all of those ideas out there, and then i think we'll have a better sense of if there may be some insurmountable differences. the difference and you're hearing this also from house republicans, we heard this over the weekend from paul ryan, that they want to do something. obviously the devil is in the details, and the truth is, carol, that time is really what will tell. we can't tell if this is going to succeed right now but when you look at the past, 2007, president bush failed in his attempt to deal with immigration reform, conservative members of his own party scuttling that effort and in 2010 you had kind of a peaiecemeal measure i
the second system will drop through. this is a cool our tax system not a lot of moisture associated with it we could see showers. >> here's a look at futurecast for the possibility for rain as we head into friday in it. i ran for livermore for those of you along the mid peninsula as we set the clock into motion you can see a passing band of rain by 3:00 p.m. starting from the north bay first. >> your kron 4 7 day around the bay forecast shows the potential for showers are route into saturday and sunday. we could also pick up some showers as we start the next work week. >> tuesday and wednesday will be a cold start. the inland lows hovering around the freezing mark. we will be dry as we head into the middle of next week. >> high pressure will start to build and we will have more on that very important extended forecast coming up. >> in the meantime the bridges check the perfect time to leave home if you are heading to the bay bridge. the toll plaza shot looks good you will see a handful of cars. no wait at the pay gates. the time eight to nine minutes at the foot of the maize to frem
's no longer, it's as bad as it used to be. they didn't mind paying the taxes. they are buying back stock. what a good call. >> all true. it's an interesting point you make, one that we perhaps don't focus enough on, in creating enthusiasm amongst your own employee base in order to attract talent, in order to keep talent. she seems to be having success at doing that. >> she has charisma. >> it is about free cafeteria food and issuing iphones to employees. >> it's important when it's a turn-around story and there has to be one or two more quarters for the results to be seen. that's a great point you made, because these are needed expectations, the fact that they beat, and they show the business lines weren't doing much worse. but revenues were better than consensus. it was a stability quarter. they bought back a lot of stock, because it's extremely investment friendly. >> a number of directors on the board will be focused on that. dan loeb is still in there. probably will be for some time. and has done very well with it. that helps also. he was key in terms of at least the appointment of mayer t
napolitano talks to us about the tax that taxpayers are staring at after the big bank bailout. take a look at how the guild on the ten year is doing today. the market is flat, but the surgery yield is back above 2%. the local [ indistinct shouting ] ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all onhinkorswim from td ameritrade. ♪ [ male announcer ] to hold a patent that has changed the modern world... would define you as an innovator. to hold more than one patent of this caliber... would define you as a true leader. ♪ to hold over 80,000... well, that would make you... the creators of the 2013 mercedes-benz e-class... quiteossibly the most advanced luxury sedan ever. see your authorized mercedes-benz dealer for exceptional offers through mercedes-benz financial services. >> i am lori laughlin with your fox business brief. the latest policy meeting is underway. they will stick with its plan of holding inte
gains taxes kicked in this year. other investors are clearly choosing to exit now competition heating up so it's really becoming a huge factor. there are a lot of quality alternatives out there. you look at the tablet and smartphone arena, carol, it's getting crowded but they still sold 48 million iphones and almost 23 million ipads in the latest quarter. apple sold 12.6 million ipods so keep the finger off the panic button, let's not get too crazy just yet. >> that's wall street, isn't it? panic, panic panic, then don't. thanks so much, alison. >>> fighting words from house speaker john boehner he says president obama is out to annihilate the republican party. do you agree? that's our talk back question today. [ wind howls ] [ dog barks ] ♪ ♪ [ male announcer ] something powerful is coming. ♪ see it on february 3rd. ♪ see it on february 3rd. hey, buddy? oh, hey, flo. you want to see something cool? snapshot, from progressive. my insurance company told me not to talk to people like you. you always do what they tell you? no... try it, and see what your good driving can save you. y
will enjoy and unveil the ad for us, here. back in a moment. ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] one pill each morning. 24 hours. zero heartburn. >>> well, it's the exit interview everybody is talking about. hillary clinton, the president, sitting down together, laughing, chummy chummy as they spoke about their shared vision for the nation and why they were doing this. what do you think? right to will cain, because i love you so. what do you think is behind all this? >> i'll take it at face value. the president wants to thank hillary clinton for four years of service, and well he should. this was a coming together, coming out of a heated primary. setting up hilary clinton four years from now? joe biden, hillary clinton. who will he endorse? >> people say thank you all the time
of this year. consumers can tax return product to the store for a full refund. >> this looks like we're going to win. an outplacement firm called rise mart says the of the two cities, it's surpriseingly an accurate predicter of who will win the big game. the city which boasts the lower unemployment rate has won 20 of its past 25 super bowls. since baltimore has a 7.2% jobless rate, it has an edge. in san francisco, it's 8.2%. >> hug? >> got that? >> speaking of jobs, lowe's is hiring with spring right around the corner, the home improvement retailer is looking to hire thousands of seasonal workers, 13% more than last year. they will work an average of 20-25 hours per week. most of the jobs will begin in the spring and could last until december. they also plan to hire 9,000 employees on a apartment basis. time for a look back on wall street. 11 news debra cost stron has the weekend bloomberg business report. >> move over, apple. the world's most valuable company, the apple's 12-month reign fell after c.o.e. led apple to ipad sales, many worry about the management ability to keep producing the
. and there's the overarching question of taxes and spending and entitlements. where do you put the challenges this session faces in terms of history? is this 1981? is this 2009? how are you feeling about the weight of what you have to deal with? >> well, first let me say there is bipartisan agreement that your book on jefferson is absolutely fantastic. >> all right. >> that's among the leadership as well as the rank and file members of the united states senate. >> i appreciate that. >> people are reading it all over the place. from my standpoint, we're really looking at the greatest threat to our national security is our debt. it has to do with our children and our grandchildren's futures. as i travel wyoming and have telephone town hall meetings, the things that really come up, people are saying i'm not worried for me. i'm worried for my kids and grandk grandkids, and are we still going to have america in the future with this kind of debt? who will we owe our future to? >> senator barrasso, i want to ask you about your piece in this morning's "wall street journal." i can reduce it down for e
Search Results 0 to 32 of about 33 (some duplicates have been removed)